Brazil’s state-owned energy giant Petrobras has signed a long-term purchase and sale agreement for liquefied natural gas (LNG) with the U.K.-based energy company Centrica.
The Nord Stream 2 gas pipeline that connects Russia and Germany through the Baltic Sea suffered damage in September 2022 following an explosion. StreamTec Solutions, a company formed from the management team of the Nord Stream pipelines, has conducted research on the current condition of Nord Stream
Seatrium has emerged as the winner in an international tender from International Maritime Industries (IMI), said to be the largest shipyard in the Middle East and North Africa (MENA) region, for the supply of equipment and license for jack-up rig destined to work in the Middle East.
Yinson Production has held a naming and sailaway ceremony for an FPSO destined to operate off the coast of Angola, which is said to be the first of its kind that has been equipped with a post-combustion carbon capture pilot system to decarbonize operations.
Serikandi Hilong, a joint venture (JV) between Brunei’s Serikandi Oilfield Services and Hilong Group’s Hong Kong-based affiliate Hilong Marine Engineering, has won a contract with Brunei Shell Petroleum (BSP), a subsidiary of the oil major Shell, for the engineering, preparation, removal, and dispos
Shelf Drilling (SHLF) has secured more drilling time with the U.S.-based energy giant Chevron for one of its jack-up rigs working off the coast of West Africa.
Occidental (Oxy) has made progress on its debt-reduction plan by reaching a near-term debt repayment target and signing two agreements to divest upstream assets to undisclosed buyers.
EnerMech has landed a multi-year contract extension with North Oil Company (NOC), a joint venture between QatarEnergy (70%) and TotalEnergies (30%), for work at an oil asset, which is said to be the largest field off the coast of Qatar.
Valaris has taken steps to optimize its rig fleet by deciding to put three semi-submersible units out of drilling work for good and divest a stacked jack-up rig. The rig owner has also won a new batch of drilling assignments spanning geographies.
Yinson Production has opened itself up to new decarbonization inroads with the acquisition of Norway-based Stella Maris carbon capture and storage (CCS) business that aims to unlock large-scale floating collection, transport, and offshore storage of CO2.
Venture Global has disclosed a date for the beginning of commercial operations at its LNG export project in Cameron Parish, Louisiana, south of Lake Charles, United States.
A 1986-built floating production, storage, and offloading (FPSO) vessel, seen as capable of supporting early-phase and tail-phase production at offshore oil fields given its experience to date, is getting a new owner, which intends to find a new job for the unit in regions such as Vietnam, Suriname,
Norway-based Seasystems, a Scana-owned mooring solutions business for floating structures, has received a new order to deliver mooring equipment for a floating liquefied natural gas (FLNG) project to an undisclosed company.
Afentra has confirmed that hydrocarbon production from a block off the coast of Angola is offset by a growth in reserves based on the latest Competent Person’s Report (CPR) for Block 3/05, conducted by ERC Equipoise (ERCE).
